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CARIBBEAN BUSINESS

Puerto Rico Ties For Third With Florida, Behind Hawaii And Nevada For Highest Occupancy

BY EVELYN GUADALUPE-FAJARDO

July 26, 2001
Copyright © 2001 CARIBBEAN BUSINESS. All Rights Reserved.

For the first five months of 2001, Puerto Rico had an occupancy rate of 70.4%, tying for third place with Florida for the highest hotel occupancy rate of the top travel markets in the States.

The conclusion stems from statistics obtained by the Puerto Rico Tourism Co. and a Lodging Outlook Survey compiled by Smith Travel Research that rates the Top 25 travel markets in the U.S. during the first five months of 2001.

Para los cinco primeros meses de 2001, Puerto Rico tuvo una tasa de ocupación del 70.4%, uniéndose en el tercer puesto con Florida en la tasa de ocupación hotelera má elevada del mercado de viajes en los Estados.

La conclusión que surge de las estadísticas obtenidas por Puerto Rico Tourism Co y de una encuesta de alojamientos en perspectiva compilada por Smith Travel Research que calcula el primer puesto 25 del mercado de viajes en los Estados Unidos, durante los cinco primeros meses de 2001.

Although the Smith Travel Research survey does not include Puerto Rico, Tourism Co. statistics show that the island’s hotels were filled, on average, 70.4% of the time during that period compared to the national average of 60.5%, Smith Travel Research reported.

Despite Puerto Rico dropping 3.3% from 2000’s 73.7% occupancy to 70.4% for the first five months 2001, it was enough to tie for third place with Florida.

As a state, Hawaii finished first with an occupancy rate of 75.7% during that period, followed by Nevada with 74.8% and Florida at 70.4%.

In the market category of the Smith Travel Research survey, Miami-Dade’s hotels had the highest hotel occupancy rate. Miami-Dade’s hotels had an average 75.6% occupancy rate. The softening demand among top tourist markets in the States that has been triggered by a drop in business travel helped push Miami to the front of the pack.

Oahu in Hawaii placed second with 75.4% occupancy rate for the first five months of the year.

Occupancy in New York City fell to 74%, a 6.5% drop from the first five months of 2000. Orlando fell 71.6% against 76.5% from the year before. Worst hit was the San Francisco/San Mateo region, where hotel occupancy, dented by the dot-com market crash, plummeted 10.3% to 68.4%.

This Caribbean Business article appears courtesy of Casiano Communications.
For further information please contact
www.casiano.com

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